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ONGC wins Exploration & Production Company of the Year award

01 Jul 2013 Evaluate

Oil and Natural Gas Corporation (ONGC) has won the annual PetroFed Oil & Gas Industry Awards for 2012. The company was adjudged the Exploration & Production Company of the Year. It also bagged the award for Project Management above Rs 2,000 crore for laying 44 submarine pipelines of 234 kms in its Mumbai offshore field.

The ONGC team from Institute of Oil & Gas Production Technology shared the Innovator of the Year (Team) Award with the Reliance Technology Group team of Reliance Industries. The awards were given away by Oil Minister M Veerappa Moily, Petroleum Federation of India (PetroFed), an association of public and private sector oil companies.

Peers
Company Name CMP
ONGC 224.00
Oil India 445.20
Jindal Drilling&Inds 589.75
Deep Industries 751.15
Asian Energy Service 464.15
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